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Your attorney-in-fact acts for you at your request and for purposes of convenience. She/he has no right to take possession of and keep your property. If that has happened, revoke the POA and demand the return of all of your property to you. Notify any institution where your attorney-in-fact used the POA that it has been revoked. Then you can appoint a new attorney-in-fact. Self-dealing by an attorney-in-fact is against the law and you should not allow a person who you don't trust to have access to your property.
Wiki User
∙ 14y ago
Wiki User
∙ 11y agoLetting a financial power of attorney loose in the world is not something to be done without careful thought and planning. This is so because an agent named in a financial power of attorney can use the document to do bad things. This can include outright theft or something more subtle. For example, a child who is appointed agent in a durable power of attorney, watching his or her inheritance melt away by reason of caregiver and medical expense, might engage in a quiet little program of pre-death asset distribution or skimp on an elderly parent's needs.
Wiki User
∙ 14y agoA power of attorney doesn't keep anything. They have the ability to handle the transactions on behalf of the person that granted the power of attorney. On the death of the individual, all items go to the estate.
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How long does a Power of Attorney keep papers after the death?
A power of attorney represents a living person. Immediately after their death, the power of attorney is no longer valid.
What is the next step after signing someone as power of attorney?
Once you have completed the Power of Attorney, you should give the original to whomever you named as the power of attorney (attorney-in-fact) and keep a copy for yourself.
Can an attorney-in-fact under a Power of Attorney sell off investments which were left to someone else and then keep the proceeds?
A Power of Attorney expires immediately upon the death of the principal. The attorney-in-fact has no power whatsoever to do anything with property after the death of the principal. You should discuss this situation with an attorney ASAP or with someone in your local district attorney's office. The attorney-in-fact had no legal power to sell property of the decedent and can be criminally prosecuted.
Were the Israelites allowed to keep what they found?
That depends when it happened. If it is Egypt they took everything.
Did the producers of the power rangers let the power rangers keep their power rangers outfits?
No, the Producers didn't usually let them keep anything from Power Rangers but especially their Power Rangers suits however there were some exceptions to this. Both Blake Foster and Jessica Rey were allowed to keep their Ranger suit and Alison MacInnis was allowed to keep her Lightspeed Rescue jacket.
Did Poseidon seduce Athena?
No, Athena was a virgin goddess who did everything in her power to keep it that way.
Whats one limit on the states?
The states are not allowed to raise or keep armies. Only the federal government has the power to keep armies.
Revocation of Power of Attorney?
Power of Attorney, Revocation(Download)I, _______________ (“Declarant”), of _____________________________ (Address), through my Power of Attorney dated __________________ (“Power of Attorney”) made and appointed ________________, my true and lawful attorney in fact for the purposes, and with the powers set forth in the document.I hereby give notice that I have revoked and canceled, and hereby do revoke and cancel, the Power of Attorney, and all powers and authority given, provided or implied therein to in that Power of Attorney.In witness of this act, I have signed this Notice of Revocation of Power of Attorney on _________ (Date)._______________________Revoker of Power of AttorneyOn this _____________ (Date), before me, personally appeared known to be the person described in and who executed the foregoing instrument and acknowledged to me that they executed the same as their free act and deed.__________________Notary PublicCommission Expires on:Power of Attorney, RevocationReview ListThis review list is provided to inform you about this document in question and assist you in its preparation. If in doubt, always revoke a Power of Attorney granted to another person. You can always reinstate a new Power of Attorney with that person or another as circumstances dictate.1. Sign this Revocation of Power of Attorney in front of a notary to insure its holding up in Court should it be challenged at a later date. This is not absolutely required but it is strongly recommended. Courts tend to be partial to notarized documents.2. Practically, your best bet after this Revocation is to recover and destroy all copies of the prior Power of Attorney then outstanding.3. Send notice of the Revocation to anyone who had a copy of the original Power of Attorney, or any related party whom that person might have dealt with such as a bank, trust, or other fiduciary. Keep copies of this mailing list.4. Keep a copy of the document in your home safe and another in accessible home files. If you have an attorney, be sure they have a copy as well.
How were the hyksos such good rulers?
They wernt they just used power and fear to keep everything in order
Can your attorney in fact under your power of attorney keep you from returning home even if your doctor says it is okay?
No. A POA gives no such power over your person or affairs to the attorney in fact. The AIF can only act upon your request and for your convenience. If you are still of sound mind, you can simple revoke your Power of Attorney at any time and without delays. Even without revoking the power of attorney, you still have the right to make decisions in your own behalf. Read the Power you signed. If it was done properly, all of this is clearly stated.For someone to have that kind of authority over you they would need to be appointed your guardian by a court of law.
Can a person with a general power of attorney conduct someone's business affairs?
Yes. You may contact creditors and inform them of the situation. This will not keep them from intitiating collection action or reporting to credit agencies. Having a power of attorney does not make the person financially obligated. In some (not all) states a power of attorney grants legal authority to file bankruptcy or other actions on behalf of the debtor.
Do quartz crystals power everything?
They are used to keep track of clock cycles. They do not power anything, but are used simply to track time elapsed.
